Why is Singer India falling/rising?

As of 31-Jul, Singer India Ltd's stock price is currently at Rs 66.19, reflecting a decrease of Rs 1.51 or 2.23%. The stock has underperformed recently, with a 1-week return of -7.95% and a 1-month return of -4.80%. Today's performance indicates that the stock has outperformed its sector by 0.37%, although it touched an intraday low of Rs 65.99. The stock is trading above its 100-day moving average but below its 5-day, 20-day, 50-day, and 200-day moving averages. Despite a significant growth in net profit and positive quarterly results, the stock has seen a decline of -24.32% over the past year, indicating a disconnect between its financial performance and market valuation. In the broader market context, the Sensex has experienced a decline of -1.22% over the past week and -3.00% over the past month, suggesting a challenging environment for stocks in general. Singer India has notably underperformed the market, with a return of -24.32% compared to the BSE500's -3.20% over the last year. This underperformance, combined with weak long-term fundamental strength indicated by a -21.34% CAGR growth in operating profits over the last five years, has likely contributed to the stock's current downward movement. The liquidity of the stock is adequate for trading, but falling investor participation, as evidenced by a significant drop in delivery volume, may further pressure the stock price.